"If You Can Actually Count Your Money, then You Are Not Really a Rich Man" (J. Paul Getty).
--- In obrolan-bandar@yahoogroups.com, Boys n Girls <boysngi...@...> wrote: > > Quote > > REMEMBER: The first rule of wealth is "Have no debt." Wealth is not wealth > if you owe it to someone else. > > > comment : > > tidak juga lho... debt kalau bisa ngemplang.. tentunya bisa jadi wealth > > > kidding.com > > On Sun, Feb 22, 2009 at 9:26 PM, Dean Earwicker <dean.earwic...@...>wrote: > > > Artikel yang bagus dari milis sebelah, mengenai konsep "kekayaan" > > > > Regards, > > DE > > > > > > > > -------- Original Message -------- > > > > > > > > I've re-worked an earlier essay of mine on wealth, taking into account the > > last six months and my thoughts on future prospects: > > > > When people think of wealth, they typically get it backwards. They think > > of luxuries like huge mansions and expensive sports cars. They think of > > treasures like fine jewelry, collector cars and paintings by the Old > > Masters. But these things are the least important aspects of wealth. > > > > So what is wealth? I will list the *fourteen *categories of wealth, along > > with some comments on each. The list is generally in order of importance, > > with category one being the most important, and category thirteen the least > > important. If you want to achieve true wealth and the freedom and security > > that wealth provides, then you need to concentrate your efforts on the lower > > numbered categories. If you do this, the higher numbered categories will > > eventually move into your life of their own accord. > > > > *REMEMBER: The first rule of wealth is "Have no debt." Wealth is not > > wealth if you owe it to someone else.* > > > > *Health *Without your health, all is for naught. You will be unable to > > enjoy any of the other categories. There is a reason the airlines tell > > parents to take care of themselves first, not their children, in an > > emergency. The parents have to stay calm and alive if they are going to be > > of any help to their children. > > > > *Relationships * Having strong healthy relationships is critical for > > future wealth. Be a relationship builder. Build healthy relationships with > > family, friends, neighbors, co-workers. For the spiritual minded, build a > > strong healthy relationship with your God and/or with nature. > > > > *Clean Water, Food & Clothing - * We are talking the basics here. Classic > > clothing, not designer labels or the fad-of-the-day. > > > > *Knowledge, Skills, & Abilities * Material possessions come and go. They > > can be lost, damaged, used up, stolen or taken from you. Your knowledge, > > skills and abilities are yours forever (as long as you stay healthy). Be a > > life long learner. > > > > *Land & Basic Shelter * Not city apartments or mansions in the suburbs. > > Instead this category is a small home on a plot of land. Land is useful > > because it can produce food and water, wood for fuel and lumber, and > > opportunities for exercise and recreation. Healthy soil is important to > > grow food. > > > > *Tools, Equipment, Seeds & Weapons * Items used to produce or repair > > things, or are useful for protection. > > > > *Cash *Finally we come to the first category that fits what most people > > think of as wealth. This category includes money in hand and in checking > > and savings accounts, CDs, money market accounts, and savings bonds. Note: > > Not all cash is created equal. You need to consider the stability of the > > institution holding your cash, as well as the currency your cash is in. > > > > *Hard Assets *Physical assets that you can touch gold & silver, > > industrial metals, land, timber, agricultural commodities. This category > > also includes tools, seeds, and equipment beyond your own needs (for barter > > or selling at a later time). > > > > *Your Own Business * Being your own boss puts you in charge of your life, > > instead of someone else. Industries to consider: sustainable agriculture, > > sustainable forestry, renewable energy, water systems, as well as businesses > > dealing with energy & resource efficiency. > > > > > > ***** The above nine categories are the most important for building wealth. > > ***** > > > > > > ***** The below five categories are of low importance for building wealth. > > ***** > > > > > > *High Quality Mutual Funds/ETFs * Historically, a fairly safe investment > > over the very long-term. Provides professional money management, government > > oversight, and broad diversification. However, in a market crash this > > category will fall sharply. Do not invest money you cannot afford to lose > > in this category. > > > > * Blue Chip Stocks & Bonds * Individual stocks and bonds are more risky > > because they lack the diversification of mutual funds, but also offer more > > potential upside. However, in a market crash, this category will fall very > > sharply. Do not invest money you cannot afford to lose in this category. > > > > *Treasure * Gemstones, jewelry, antiques, true works of art and other > > tangible and lasting luxuries. Since these are real items, they will always > > have some value if only as objects of beauty, unlike paper wealth (funds, > > stocks, bonds) which can become totally worthless. > > > > *Speculative Stocks, Bonds, and Funds *These offer more potential > > wealth, but at much greater risk. Will be among the first and hardest hit > > in times of economic turmoil. > > > > *Luxuries * Think of these as short-lived treasure. Those designer jeans > > will wear out. You will eventually wreck or wear out that sports car. That > > $100 meal at that fancy restaurant will be pooped out of your system in less > > than 24 hours. > > > > --Tim Gamble, Feb. 21, 2009 > > > > > > >
